Many people perceive K-2 and K-3 reporting matters as mainly a global tax issue. However, nearly every pass-through entity business is affected — including domestic organizations with no foreign ...

More than 1.1 million people have unclaimed federal income tax refunds that are in jeopardy of becoming government property, according to the IRS. Officials say there’s over $1 billion in 2021 refunds ...

Parents are flooded with paperwork every single day of the year. But this year, they absolutely want to keep track of one key letter — Letter 6419, to be sent to you by none other than the Internal ...

Parents or guardians of children born in 2021 could claim a recovery rebate credit to get up to $1,400 in tax credit, the Internal Revenue Service says. Elise Amendola AP If your child was born in ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.